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Refinancing Your Debt Could Be a Good Idea If...

Nathaniel Sillin | Posted 02.01.2017 | Business
Nathaniel Sillin

This article is intended to provide general information and should not be considered legal, tax or financial advice. It's always a good idea to con...

5 Tips For Buying A Home If You Have Student Loans

NerdWallet | Posted 01.25.2017 | College

When Kristin and Sean Couch were ready to buy their first home, they feared that one thing would hold them back: Kristin's student loans. Her broadcas...

Deregulation That Will Make the Home Mortgage Market Work Better: Eliminating Rigid Income Documentation Rules

Jack M. Guttentag | Posted 12.20.2016 | Business
Jack M. Guttentag

The incoming Trump administration has made very clear that eliminating regulations of all types was a major agenda item. The question is whether or no...

"The Zezimas' 2016 Christmas Letter"

Jerry Zezima | Posted 12.20.2016 | Comedy
Jerry Zezima

By Jerry Zezima Since I am in the holiday spirit (and, having just consumed a mug of hot toddy, a glass of eggnog and a nip of cheer, the holiday spi...

7 Tricks To Get The Best Mortgage Rate

Liana Preble | Posted 10.21.2016 | Business
Liana Preble

If you are a run-of-the-mill Joe or Jill, buying a house is probably the single largest financial commitment that you will make during your lifetime. ...

Can You Truly Afford a New House ?

Lama Farran | Posted 10.06.2016 | Business
Lama Farran

To ensure that you are not getting yourself into a tight financial spot, it is crucial to draw a budget using all your current expenses and seeing how a new mortgage will affect your lifestyle. Perhaps you can afford a new mortgage but only if you cut out your annual vacation or if you cancel your kids' expensive activities. It is your responsibility to plug in the numbers and dictate to your bank which amount you can afford, not the other way around.

Buying A Home: 7 Tips For Making Your Biggest Investment Decision

Richard Barrington | Posted 09.23.2016 | Business
Richard Barrington

Mortgage rates, insurance and even legal and appraisal fees can all vary, so don't sign on to anything before you've done a little comparison shopping.

What Happens To Debt When You Die? | Posted 09.16.2016 | Fifty

By Jocelyn Baird, Though it isn’t a topic many people like to talk about, we’re all going to die someday, and making preparations ...

HECM Reverse Mortgages: A Strategy For Seniors

Jack M. Guttentag | Posted 10.03.2016 | Business
Jack M. Guttentag

Many senior homeowners are attracted to the idea of using a reverse mortgage to draw additional funds, but are so fearful of making a costly mistake i...

Do Large Mortgage Principal Payments Reduce Monthly Payments?

Jack M. Guttentag | Posted 08.30.2016 | Business
Jack M. Guttentag

On home mortgages, a large payment to principal reduces the loan balance, and with it the "fully-amortizing monthly payment", or FAMP. FAMP is the lev...

Home Buyers Lose a Useful Mortgage Option to Overzealous Regulation

Jack M. Guttentag | Posted 08.15.2016 | Business
Jack M. Guttentag

Before the financial crisis, many mortgage contracts contained a provision stating that borrowers who paid off their loan early had to pay a penalty. ...

How to Pay Off A 30-Year Mortgage In 15 Years -- Without Being Scammed

Jack M. Guttentag | Posted 08.12.2016 | Business
Jack M. Guttentag

The 15-year fixed-rate home mortgage is far and away the best option for consumers because of the low interest rate. All other things the same, including originations fees, the 15-year rate in today's market is 0.75% below the 30-year rate.

Top Ten Metros Where the Most Homeowners Are Underwater

Jorge Newbery | Posted 06.23.2016 | Business
Jorge Newbery

When the housing bubble burst almost a decade ago, very few people predicted the fallout would last as long as it has. But today the pain still linger...

"A Traffic Ticket Hits Home"

Jerry Zezima | Posted 06.09.2016 | Comedy
Jerry Zezima

By Jerry Zezima Today's Ridiculous Banking Question is: What's the faster way to lose your house: don't pay the mortgage or don't pay a traffic ticke...

What Happened the Day I Said Goodbye to My Dream Home

Renee Davis | Posted 05.26.2016 | Religion
Renee Davis

Even though life and the things of this world are but vapors, the values, morals, time, and memories I instill in my son and share with those I love will last for generations to come. This means that I'm committed to a life of faithful obedience that is focused on eternal and not external, temporal things.

"Nice Work If You Can Get It"

Jerry Zezima | Posted 05.11.2017 | Comedy
Jerry Zezima

By Jerry Zezima Whenever I attempt to do something I can't do -- sing, dance, perform surgery -- somebody tells me not to quit my day job. The only p...

How Your Business' Profit/Loss Can Impact Your Mortgage Status

Roger Odoardi | Posted 04.15.2017 | Business
Roger Odoardi

One of the more common mistakes business owners make when beginning the process of applying for a home mortgage loan is failing to recognize how their involvement in a LLC, sole proprietorship, or corporation can impact their status as a borrower.

Man Fulfills Vow He Made In 2nd Grade To Pay Off Grandparents' Mortgage

The Huffington Post | Kimberly Yam | Posted 03.29.2016 | Good News

This hardworking man's incredible surprise for his grandparents will make you want to pick up the phone and call grandma and grandpa. Stefun Darts, a...

Oh No -- Was Moving To Pensacola A Mistake?

Peter G. Miller | Posted 03.03.2017 | Good News
Peter G. Miller

Pensacola got hit with a tornado last week, an event which raises a question: Was moving eight months ago to a place with great beaches and no state i...

Paying Off Your Mortgage Faster: Questions About Systematic Extra Payment Plans (Third of a Series)

Jack M. Guttentag | Posted 03.02.2017 | Business
Jack M. Guttentag

For many borrowers, it is easier to accelerate the pay down of a mortgage balance if the process of making extra payments is routinized. Then the extr...

Mortgage Repayment: Questions About Monthly Payment Management (Second of a Series)

Jack M. Guttentag | Posted 02.23.2017 | Business
Jack M. Guttentag

This is the second of a series on questions about mortgage repayment. The first article looked at mortgage repayment as a type of investment. This one is focused on payment mechanics.

The 5 Most Common Causes of Mortgage Blow Ups

Cindy Tansin | Posted 02.20.2017 | Business
Cindy Tansin

We see these mistakes over and over again. To people in the lending business, it's so commonplace we shake our heads when we see it happen, and it's ...

Down Payment Insurance on a Home Purchase

Jack M. Guttentag | Posted 02.04.2017 | Business
Jack M. Guttentag

I set out recently to write about a new program of down payment (henceforth DP) insurance, but quickly realized that such an article required an exten...

Hemorrhaging Mega Bucks in the Stock Market? Transfuse it Into Real Estate

Ted Papadopoulos | Posted 01.31.2017 | Business
Ted Papadopoulos

If you thought 2015 was a crazy year for fluctuating interest rates and all the inconsistent economic data being fed to us about the state of the US e...

From ETSY Retailers to Electricians: A Self-Employed Borrowers Guide to Getting a Home Mortgage Loan

Roger Odoardi | Posted 01.06.2017 | HuffPost Home
Roger Odoardi

Self-employed borrowers, unlike traditional homebuyers, often encounter a few obstacles when attempting to get approved for a home mortgage loan. The reasons can be complicated. Here's a story that I believe best sums up the experience many self-employed borrowers will encounter when looking to purchase a home.